Growth Metrics

Codexis (CDXS) Operating Expenses (2016 - 2025)

Codexis (CDXS) has 16 years of Operating Expenses data on record, last reported at $28.4 million in Q4 2025.

  • For Q4 2025, Operating Expenses fell 1.55% year-over-year to $28.4 million; the TTM value through Dec 2025 reached $112.1 million, down 4.87%, while the annual FY2025 figure was $112.1 million, 4.87% down from the prior year.
  • Operating Expenses reached $28.4 million in Q4 2025 per CDXS's latest filing, up from $27.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $45.1 million in Q3 2022 and bottomed at $26.3 million in Q4 2023.
  • Average Operating Expenses over 5 years is $33.5 million, with a median of $30.3 million recorded in 2021.
  • Peak YoY movement for Operating Expenses: soared 60.83% in 2022, then tumbled 39.76% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $34.9 million in 2021, then increased by 25.05% to $43.6 million in 2022, then crashed by 39.76% to $26.3 million in 2023, then increased by 9.6% to $28.8 million in 2024, then dropped by 1.55% to $28.4 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $28.4 million in Q4 2025, $27.6 million in Q3 2025, and $28.2 million in Q2 2025.